Used as a model compound in lipid research, particularly in studies involving membrane bilayer formation and dynamics. Serves as a mimic of natural phosphatidylglycerol, helping investigate lipid-protein interactions and enzyme activity in signal transduction pathways. Commonly employed in the preparation of liposomes and lipid nanoparticles for drug delivery systems due to its biocompatible and amphiphilic nature. Also utilized in mass spectrometry and NMR studies to understand lipid metabolism and oxidation processes.